Great news!
Portugal has passed a new law that gives tax exemption for first-time home buyers under 35!

So if you are a young adult under 35, you can now enjoy full exemptions on IMT (Property Transfer Tax) and Stamp Duty when purchasing your first permanent home in Portugal! This new policy, introduced last month by the Portuguese government, aims to make homeownership more accessible and affordable for young people.

Key Points:
– Eligibility: Young people up to 35 years old, regardless of nationality.
– Property Value: Exemption applies to properties valued up to €316,772, intended as the first permanent residence.
– Previous Ownership: You can still qualify even if you’ve owned a property before, as long as you haven’t owned a home in the last three years.

This is a fantastic opportunity for those looking to start their homeownership journey in Portugal. If you meet these criteria and are considering buying a home, we’re here to help you navigate the process and make the most of this benefit. Don’t miss out!